Core Viewpoint - Heritage Insurance (HRTG) is anticipated to show an increase in revenues but a decrease in earnings for the first quarter of 2025, with revenues expected to reach $213.7 million, reflecting an 11.7% year-over-year growth, while earnings per share are estimated at 46 cents, indicating a 2.1% decline from the previous year [1][2]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for HRTG's first-quarter revenues is $213.7 million, which is an 11.7% increase from the prior year's figure [1]. - The consensus estimate for earnings is 46 cents per share, with no changes in the estimate over the past 30 days, suggesting a year-over-year decrease of 2.1% [2]. Earnings Surprise History - HRTG has a history of earnings surprises, having beaten the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 328.63% [3]. Earnings Prediction Model - The current model does not predict an earnings beat for HRTG, as it lacks a positive Earnings ESP and a favorable Zacks Rank [4]. Factors Influencing Q1 Results - The first-quarter results are expected to benefit from rate adequacy, managed exposures, and enhanced underwriting discipline, with gross premiums likely improving due to organic growth in various business lines [6]. - Net investment income is projected to be $8.8 million, benefiting from a high-quality portfolio of short-duration assets [6]. Revenue Drivers - Total revenues are expected to increase due to higher premiums and net investment income, with strategic adjustments in exposure management contributing to profitability [7]. Expense and Ratio Estimates - The net expense ratio is estimated at 34.9%, influenced by rising policy acquisition costs and general administrative expenses [8]. - The combined ratio is expected to be 97, indicating a deterioration due to higher loss and expense ratios [9]. Stock Performance and Valuation - HRTG's stock has outperformed the industry, sector, and S&P 500 in the first quarter of 2025 [10]. - The stock is trading at a price-to-book value of 2.12X, which is higher than the industry average of 1.66X [11]. Strategic Growth Initiatives - HRTG is focusing on the Excess and Surplus (E&S) lines as a growth driver and is expanding into additional states [14]. - The company has ceased writing new personal lines policies in Florida and the Northeast to focus on profitability, leading to a reduction in policy count but an increase in average premiums per policy [15]. Reinsurance and Risk Management - HRTG maintains a comprehensive reinsurance program to limit exposure to severe weather events, with expectations of a decline in the ceded premium ratio [16]. Capital Allocation and Shareholder Returns - The company is reallocating capital towards technology initiatives and higher-margin segments, alongside a $10 million share repurchase program for 2025 [18]. Future Growth Outlook - HRTG is well-positioned for future growth, driven by the expansion of its commercial residential portfolio, improved pricing dynamics, and strategic diversification [19]. - The geographic distribution of its portfolio is balanced, with no single state exceeding 26.7% of total insurable value, and a VGM Score of A supports confidence in the stock [20].

TAMPA, Fla., April 22, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce its first quarter 2025 financial results after the market closes on Tuesday, May 6, 2025, followed by a 9:00 am ET conference call and webcast on Wednesday, May 7, 2025. A live audio webcast of the earnings call will be available in the investors section of the company's website. The call will be archived and ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...

Market Overview - President Trump's announcement of reciprocal tariffs led to significant volatility in the U.S. stock market, with the S&P 500 dropping 9% in the first week of April, its worst week since 2020, followed by a rebound of 5.7% the next week, marking the best week since 2023 [1] - Exemptions from tariffs on items such as smartphones, semiconductors, and solar cells contributed to a strong tech rally, although the S&P 500 remained below its level from April 2 [2] - Ongoing uncertainty regarding a potential global trade war continues to concern investors and economists [2] Value Investing Strategy - Value investing focuses on purchasing stocks priced below their intrinsic value, capitalizing on market mispricing [4] - Earnings yield, calculated as (Annual Earnings per Share/Market Price) x 100, serves as a key metric for value investors, indicating potential undervaluation when high [5] - Earnings yield can be compared to bond returns, such as the 10-year Treasury yield, to assess the attractiveness of stocks relative to fixed-income securities [6] Stock Screening Criteria - A primary screening criterion is an Earnings Yield greater than 10%, supplemented by additional parameters such as estimated EPS growth for the next 12 months being greater than or equal to the S&P 500 [7] - Average Daily Volume (20 Day) should be greater than or equal to 100,000 to ensure adequate liquidity [8] - Current Price must be greater than or equal to $5, and stocks with a Zacks Rank 1 (Strong Buy) or 2 (Buy) are expected to outperform peers [9] Selected Stocks - **Alibaba Group (BABA)**: Dominates the e-commerce sector in China and is expanding internationally, with a Zacks Rank 1 and a Value Score of B. The consensus estimate for fiscal 2025 and 2026 earnings indicates year-over-year growth of 2.1% and 23% respectively [10][11] - **Fresenius Medical Care AG (FMS)**: A leading provider of dialysis products and services, recently launched a new home dialysis machine. The consensus estimate for 2025 and 2026 earnings suggests growth of 27.1% and 9.1% respectively [12][13] - **Helix Energy Solutions Group Inc. (HLX)**: Focuses on offshore energy services, with a consensus estimate for 2025 and 2026 earnings indicating growth of 42% and 28.2% respectively [14][15] - **Heritage Insurance Holdings, Inc. (HRTG)**: Provides residential insurance products with a focus on selective underwriting. The consensus estimate for 2025 and 2026 earnings suggests growth of 21% and 28.6% respectively [16][17]

Heritage Insurance (HRTG) shares ended the last trading session 7.4% higher at $17.43. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 18.3% gain over the past four weeks.Heritage Insurance is poised to grow on better pricing, increasing top line, expanding margins and solid earnings as well as growing commercial residential business. Heritage Insurance remains focused on augmenting profitability by selective profi ...

In order to see if HRTG is a promising momentum pick, let's examine some Momentum Style elements to see if this property and casualty insurance holding company holds up. Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a cou ...

Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. HRTG has a P/S ratio of 0.76. This compares to its industry's average P/S of 1.32. Finally, investors should note that HRTG has a P/CF ratio of 6.54. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on t ...

Per CoreLogic, the risk modelling and catastrophe data company, the initial estimate for insured losses from the Los Angeles, California wildfires, is expected to be between $35 billion and $45 billion. Per Moody's RMS Event Response, the insured losses for the January 2025 Los Angeles firestorm events are estimated in the range of $20-$30 billion. Global commercial insurance rates decreased 2% in the fourth quarter of 2024, which marked the second consecutive quarterly decrease after seven years of rising ...

The article is for informational purposes only (not a solicitation or recommendation to buy or sell stocks). David is not a registered investment adviser. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions, and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses. Seeking Alpha's Disclosure: Past performa ...

x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Year Ended December 31, 2024 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ FORM 10-K _________________________________________________________ o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36462 _________________________________________________________ Herit ...